NY Gov. Cuomo Announces Tax 'Fairness Fix'

The video discusses the concept of carried interest, primarily focusing on its taxation at the federal level and the lack of state-level taxation, particularly in New York. It highlights the potential for state-level taxes on carried interest, with a focus on New York's efforts to impose a 17% fee. The discussion includes the challenges of implementing such taxes without the cooperation of neighboring states and the broader implications for private equity and hedge fund investments.

How has the taxation of carried interest been discussed at the federal and state levels?

What is the significance of carried interest in the context of private equity and hedge funds?

What challenges does the speaker mention regarding the implementation of a new tax on carried interest?

What role do adjoining states play in the discussion about the taxation of carried interest?

In what ways might the proposed tax impact families and their investment decisions?